Streetbeat News

Analyst Ratings

NOC

Northrop Grumman's (NYSE:NOC) short percent of float has risen 8.43% since its last report, with 1.37 million shares sold short, which is 0.9% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. However, compared to its peers, Northrop Grumman has less short interest.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:30 pm

MMC

Marsh & McLennan's (NYSE:MMC) short percent of float has fallen 24.32% since its last report, with 2.74 million shares sold short, which is 0.56% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Marsh & McLennan has less short interest.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:30 pm

AIQ

BOTZ

EQIX

EVO

HUM

IBKR

LPLA

OMCL

ROK

TDY

TECB

UNH

Bank of America has recommended three ETFs and 10 stocks to invest in due to the potential boom in artificial intelligence (AI). The ETFs are Global X Artificial Intelligence & Technology ETF (AIQ), Global X Robotics & Artificial Intelligence ETF (BOTZ), and iShares US Tech Breakthrough Multisector ETF (TECB). The stocks are UnitedHealth Group (UNH), Evotec SE (EVO), LPL Financial (LPLA), Deere & Co (DE), Interactive Brokers (IBKR), Humana Inc (HUM), Equinix Inc (EQIX), Teledyne Tech. Inc. (TDY), Rockwell Automation Inc (ROK), and Omnicell Inc. (OMCL).

Portfolio Pulse from Piero Cingari

July 12, 2023 | 8:18 pm

VMW

VMware's (NYSE:VMW) short percent of float has risen 5.77% since its last report, with 2.87 million shares sold short, which is 1.1% of all regular shares available for trading. It would take traders 1.96 days to cover their short positions on average. The company's short interest is less than its peer group average of 5.55%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:15 pm

ATVI

MSFT

TTWO

A federal judge ruled in favor of Microsoft's acquisition of Activision Blizzard, causing Activision's shares to rally by 10%. Analysts from Wedbush Securities, Benchmark Company, and Stifel Financial Corporation weighed in on the ruling. Wedbush maintained an Outperform rating on Microsoft, predicting the deal will close by next Tuesday. Benchmark downgraded Activision from Buy to Hold as the share price exceeded their target. Stifel also downgraded Activision from Buy to Hold, but raised the price target. The analysts believe this ruling could open the door for more M&A in the tech industry.

Portfolio Pulse from Franca Quarneti

July 12, 2023 | 8:13 pm

TRV

A whale investor has taken a bullish stance on Travelers Companies (NYSE:TRV), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $155.0 to $195.0 for Travelers Companies over the last 3 months. Piper Sandler maintains a Neutral rating on Travelers Companies with a price target of $176, while Morgan Stanley downgraded its action to Equal-Weight with a price target of $185.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:03 pm

A significant bearish stance has been taken on BP (NYSE:BP) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $27.0 to $37.0 for BP over the last 3 months. The price of BP is currently up 0.93% at $36.24.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:03 pm

ADT

Over the past 3 months, 4 analysts have published their opinion on ADT (NYSE:ADT) stock. The company has an average price target of $9.15, a decrease of 8.5% from the previous average price target of $10.00. Two analysts have given bullish ratings, while two have remained indifferent.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:01 pm

DOCN

DigitalOcean Holdings (NYSE:DOCN) has received mixed analyst ratings in the last quarter, with one each for bullish, somewhat bullish, indifferent, and somewhat bearish. The average 12-month price target for the company, according to four analysts, is $46.5, up 16.25% from the previous average of $40.00.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:01 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has received mostly bullish ratings from analysts in the last quarter. According to 25 analysts offering 12-month price targets in the last 3 months, the company has an average price target of $317.28, which has increased by 10.45% over the past month.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 8:00 pm